. perez currently heads the civil rights division of the justice department. did confirmed he would be the only hispanic member of the cabinet. still, perez could face an uphill battle at his confirmation hearing. republican senators may take issue with his handling of cases the last several years, including his challenges to voter i.d. laws in south carolina and texas. >>> we move on to business. today cypress' parliament will hold an emergency vote to approve bailout terms. it appears the country's law patients would not approve that measure which would result in a loss of much-needed funds. what it means for the rest of europe? we chenlg in with steve sedgwick live in london for us. good morning. >> very good day to you. just when you think europe's getting its act together another crisis comes along. we've had greece, spain, italy, ireland, portugal, now cyprus, the sec-smallest nation wind the european union. what is different about this potential bailout is the original cost is around 18 billion euros for the imf and cb but they want to get the costs down by taxing depositors.